Gold's statem,ents are basically extraordinary extensions of logic. For example hes said that weve never been able to synthesize "petroleum" in the lab. That is technically correct but, in recent experiments to produce renewables, theyve been able to produce the "components" of various fractions , and all are from biological processes. For example, you (gunga) are enamoured of the algae production of diesel.(A middle fraction). Diesel is nothing more than a complex ester that was manufactured by an epoxide contact process on the fatty acids that make up the largest part of petroleum. Maybe we havent synthesized it in alab, but nature synthesizes it every day.
The seafloor is producing methane at a remarkeable rate. This methane , when compressed and heated, will transform into the major components of petroleum. all it needs is time, heat, pressure and a source .
When someone provides good evidence of abiogenic oil, Id love to believe in it. However, now, we have only wells that tap out at about 8K feet and thats barely the skin of the crust. Wed need to drill holes to over 20K feet to even test the mechanisms of the hypothesis. The abiogenic guys are safe in their pronouncements today, because , to fund such deep drilling would break banks and budgets.